I usually pass on this when I renew my contract with Verizon Wireless every two years. Wife and I get nice phones and the kids get cheapo phones. We didn’t do that last November. D1 wanted the new LG VX8550 (Chocolate) and D2 wanted the LG VX9900 (enV). I opted for the insurance.
The girls shared a phone for two years while Wife and I each had a line. Then D1 and D2 started doing different activities at the same time. And that meant Wife or I had to give up a phone. So in 2005 they each got a Motorola M276, a freebie flip-phone. They took great care of them. As a matter of fact they did such a great job that when the time came to get new ones I didn’t have a problem spending a little more on them for their new phones. Because I just *knew* they would take care of them. So I didn’t think I really needed insurance, but it was free for a month so I said sure. I also put it on Wife’s phone as well because she opted for the enV as well. Me? I have yet to break or lose a phone. And if I do, I’ll buy a new one. Because I can.
We all got our new phones back in October/November of last year. By December D1 had dropped her Chocolate into a glass of Mountain Dew. I still cannot figure out how she did it the way she said she did it. We filled out the claim paperwork and I paid the $50 deductible and she promised to pay me back. She did. But until I got the money I made her use the old Motorola M276. She finally paid me back and I gave her the Chocolate in May. By June it *developed* a cracked screen. I made D1 raise the money for the second replacement as well. This time she was a little quicker. I just filled everything out and sent in the forms via fax yesterday. They are sending a replacement and it will be here today.
But here’s the rub … I just got an email from the insurance company. My policy for D1’s phone has been cancelled. Two claims in less than a calendar year is grounds for cancellation. That’s OK. I’m getting ready to cancel it on Wife’s and D2’s phones now. D2 is super protective about her phone. She takes better care of iher phone than I take care of mine. And now the enV’s are under $100 and I’ll save that much by cancelling it on all 3 lines. $18 a month adds up quick!